Sequoia Mortgage Funding Corporation Collateralized MBS Funding Bonds, Series 2002-A Monthly Distribution Summary (September 2003)

Contract Categories: Business Finance › Trust Agreements
Summary

This document is a monthly distribution summary prepared by The Bank of New York for Sequoia Mortgage Funding Corporation’s Collateralized MBS Funding Bonds, Series 2002-A, as of September 30, 2003. It details the interest and principal payments distributed to bondholders, the balances of various bond classes, and the performance of the underlying mortgage-backed securities. The summary provides transparency to investors regarding payments, realized losses, and remaining balances for the reporting period.

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EX-10.1 3 f93524cexv10w1.txt EXHIBIT 10.1 EXHIBIT 10.1 The Bank of New York Corporate Trust and Agency Services 5 Penn Plaza, 16th Floor New York, NY 10001 Patricia O'Neil Manella ###-###-#### Distribution Date: September 30, 2003 SEQUOIA MORTGAGE FUNDING CORPORATION COLLATERALIZED MBS FUNDING BONDS, SERIES 2002-A CERTIFICATE MONTHLY DISTRIBUTION SUMMARY
- ------------------------------------------------------------------------------------------------------------------- BEGINNING PASS INTEREST CLASS CUSIP CERT BALANCE THROUGH DISTRIBUTION - ------------------------------------------------------------------------------------------------------------------- A-1 81743UAA3 33,275,093.22 1.710000% 47,417.01 A-2 81743UAB1 11,210,892.49 1.860000% 17,376.88 - ------------------------------------------------------------------------------------------------------------------- Total 44,485,985.70 64,793.89 - -------------------------------------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------------------------------- PRINCIPAL TOTAL REALIZED ENDING CERT CLASS DISTRIBUTION DISTRIBUTION LOSSES BALANCE - ---------------------------------------------------------------------------------------------------------------- A-1 1,035,062.51 1,082,479.51 0.00 32,240,030.71 A-2 605,168.45 622,545.33 0.00 10,605,724.03 - ---------------------------------------------------------------------------------------------------------------- Total 1,640,230.96 1,705,024.85 0.00 42,845,754.75 - ----------------------------------------------------------------------------------------------------------------
CURRENT PAYMENT INFORMATION FACTORS PER $1.00
- ------------------------------------------------------------------------------------------------------------------------ ORIGINAL CERT BEGINNING INTEREST CLASS CUSIP BALANCE FACTOR FACTOR - ------------------------------------------------------------------------------------------------------------------------ A-1 81743UAA3 64,761,000.00 ###-###-#### 0 ###-###-#### A-2 81743UAB1 15,861,000.00 706.821290286 ###-###-#### - ------------------------------------------------------------------------------------------------------------------------ Total 80,622,000.00 ###-###-#### 0.803675066 - ------------------------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------- PRINCIPAL ENDING CURRENT PASS CLASS FACTOR FACTOR THROUGH - -------------------------------------------------------------------------------------------------------- A-1 ###-###-#### 497.830958641 1.710000% A-2 ###-###-#### ###-###-#### 1.860000% - -------------------------------------------------------------------------------------------------------- Total ###-###-#### ###-###-#### - --------------------------------------------------------------------------------------------------------
UNDERLYING CERTIFICATES MONTHLY DISTRIBUTION - GROUP I
- ---------------------------------------------------------------------------------------------------------------------- ORIGINAL BEGINNING PASS SERIES CLASS BALANCE BALANCE THROUGH - ---------------------------------------------------------------------------------------------------------------------- CWMBS 94K A1 123,119,000.00 369,019.03 3.737097% DLJMA 93-Q18 1A1 51,833,000.00 0.00 0.000000% DLJMA 94-2A 1A1 85,787,000.00 580,442.29 4.822201% ONE 00-2 2A 152,653,000.00 5,852,774.43 4.153171% RYMS3 92-B 1A2 7,712,906.00 0.00 0.000000% SBM7 94-2 A1 49,384,000.00 1,093,844.67 5.749773% SMS 91-K A1 110,588,063.00 0.00 0.000000% SMS 91-K A3 1,917,885.00 0.00 0.000000% EAGLE 98-1 M1 46,029,000.00 16,303,925.72 2.110000% INMC 94-R M2 4,620,000.00 2,119,585.70 4.127352% INMC 94-V B1 3,618,000.00 1,268,072.61 4.223531% INMC 94-X B1 2,769,000.00 982,711.05 4.369736% INMC 95-C B1 12,828,797.00 3,614,612.92 4.372428% INMC 95-T A2 65,695,250.00 1,744,603.40 3.631345% - ---------------------------------------------------------------------------------------------------------------------- Total 718,554,901.00 33,929,591.82 - ----------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------- INTEREST PRINCIPAL TOTAL REALIZED SERIES DISTRIBUTION DISTRIBUTION DISTRIBUTION LOSSES - ----------------------------------------------------------------------------------------------------------------------- CWMBS 94K 1,149.22 64,120.75 65,269.97 0.00 DLJMA 93-Q18 0.00 0.00 0.00 0.00 DLJMA 94-2A 2,332.51 1,313.66 3,646.17 0.00 ONE 00-2 20,256.31 421,536.28 441,792.60 0.00 RYMS3 92-B 0.00 0.00 0.00 0.00 SBM7 94-2 5,241.13 4,800.80 10,041.93 0.00 SMS 91-K 0.00 0.00 0.00 0.00 SMS 91-K 0.00 0.00 0.00 0.00 EAGLE 98-1 29,623.33 327,477.18 357,100.51 0.00 INMC 94-R 7,290.23 47,332.26 54,622.49 0.00 INMC 94-V 4,463.12 93,416.88 97,880.00 0.00 INMC 94-X 3,578.49 38,324.91 41,903.40 0.00 INMC 95-C 13,170.53 32,712.98 45,883.51 0.00 INMC 95-T 5,279.38 4,026.80 9,306.18 0.00 - ------------------------------------------------------------------------------------------------------------------------ Total 92,384.25 1,035,062.51 1,127,446.75 - ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------- INTEREST PRINCIPAL SERIES SHORTFALL ENDING BALANCE - ------------------------------------------------------------------------- CWMBS 94K 0.00 304,898.28 DLJMA 93-Q18 0.00 0.00 DLJMA 94-2A 0.00 579,128.64 ONE 00-2 0.00 5,431,238.14 RYMS3 92-B 0.00 0.00 SBM7 94-2 0.00 1,089,043.86 SMS 91-K 0.00 0.00 SMS 91-K 0.00 0.00 EAGLE 98-1 0.00 15,976,448.54 INMC 94-R 0.00 2,072,253.44 INMC 94-V 0.00 1,174,655.73 INMC 94-X 0.00 944,386.14 INMC 95-C 0.00 3,581,899.94 INMC 95-T 0.00 1,740,576.60 - ------------------------------------------------------------------------- Total 0.00 32,894,529.31 - -------------------------------------------------------------------------
UNDERLYING CERTIFICATES MONTHLY DISTRIBUTION - GROUP II
- -------------------------------------------------------------------------------------------------------------------------------- ORIGINAL BEGINNING PASS SERIES CLASS BALANCE BALANCE THROUGH - -------------------------------------------------------------------------------------------------------------------------------- GRCAP 94-HM4 A1 245,813,000.00 401,105.43 4.467707% INMC 95-E B1 4,608,492.00 2,584,832.73 4.480418% PMLT 99-A M1 2,914,000.00 1,861,035.66 2.283664% RTC 95-2 A3 119,696,000.00 6,525,072.63 3.328468% - -------------------------------------------------------------------------------------------------------------------------------- Total 373,031,492.00 11,372,046.45 - --------------------------------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------------------------------- INTEREST PRINCIPAL TOTAL REALIZED SERIES DISTRIBUTION DISTRIBUTION DISTRIBUTION LOSSES - -------------------------------------------------------------------------------------------------------------------------------- GRCAP 94-HM4 1,493.35 19,244.66 20,738.01 0.00 INMC 95-E 9,650.94 184,487.65 194,138.59 0.00 PMLT 99-A 3,541.65 43,505.05 47,046.70 0.00 RTC 95-2 18,098.75 357,931.09 376,029.84 0.00 - -------------------------------------------------------------------------------------------------------------------------------- Total 32,784.69 605,168.45 637,953.14 0.00 - --------------------------------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------- INTEREST ENDING SERIES SHORTFALL BALANCE - -------------------------------------------------------------------------- GRCAP 94-HM4 0.00 381,860.77 INMC 95-E 0.00 2,400,345.08 PMLT 99-A 0.00 1,817,530.61 RTC 95-2 0.00 6,167,141.54 - -------------------------------------------------------------------------- Total 0.00 10,766,878.00 - --------------------------------------------------------------------------
UNDERLYING POOL DELINQUENT INFORMATION BY GROUP
- ------------------------------------------------------------------------------------------------------ LOANS OUTSTANDING DELINQUENT 30-59 DAYS SERIES BALANCE NO. BALANCE - ------------------------------------------------------------------------------------------------------ CWMBS 94K 7,790,032.69 1 90,919.69 DLJMA 93-Q18(1) 0.00 0 0.00 DLJMA 94-2A(1) 940,895.91 0 0.00 ONE 00-2(2) 229,234,066.30 64 5,432,381.00 RYMS3 92-B(2) 0.00 0 0.00 SBM7 94-2(2) 3,805,867.47 1 82,359.60 SMS 91-K 0.00 0 0.00 EAGLE 98-1 24,776,656.70 17 1,629,993.81 INMC 94-R 6,366,053.00 0 0.00 INMC 94-V 5,301,738.68 0 0.00 INMC 94-X 4,448,062.93 2 345,177.17 INMC 95-C 7,041,789.29 1 78,932.21 INMC 95-T(2) 6,146,628.19 3 1,098,231.24 - ------------------------------------------------------------------------------------------------------ Total 295,851,791.16 89 8,757,994.72 - ------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------------- DELINQUENT 0-89 DAYS DELINQUENT 90+ DAYS SERIES NO. BALANCE NO. BALANCE - -------------------------------------------------------------------------------------------------------------- CWMBS 94K 1 180,490.59 0 0.00 DLJMA 93-Q18(1) 0 0.00 0 0.00 DLJMA 94-2A(1) 0 0.00 0 0.00 ONE 00-2(2) 13 1,392,749.00 12 2,101,397.00 RYMS3 92-B(2) 0 0.00 0 0.00 SBM7 94-2(2) 0 0.00 0 0.00 SMS 91-K 0 0.00 0 0.00 EAGLE 98-1 5 267,928.38 18 2,156,163.99 INMC 94-R 0 0.00 0 0.00 INMC 94-V 0 0.00 0 0.00 INMC 94-X 2 229,202.31 1 47,237.86 INMC 95-C 0 0.00 0 0.00 INMC 95-T(2) 1 79,514.59 1 163,432.36 - -------------------------------------------------------------------------------------------------------------- Total 22 2,149,884.87 32 4,468,231.21 - --------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------ FORECLOSURE REO REALIZED LOSSES SERIES NO. BALANCE NO. BALANCE CURR. AMOUNT - ------------------------------------------------------------------------------------------------------------------------------------ CWMBS 94K 1 236,045.32 0 0.00 0.00 DLJMA 93-Q18(1) 0 0.00 0 0.00 0.00 DLJMA 94-2A(1) 0 0.00 0 0.00 0.00 ONE 00-2(2) 14 1,242,364.00 6 1,891,498.00 0.00 RYMS3 92-B(2) 0 0.00 0 0.00 0.00 SBM7 94-2(2) 0 0.00 0 0.00 210,938.33 SMS 91-K 0 0.00 0 0.00 0.00 EAGLE 98-1 23 2,635,661.40 11 1,481,985.55 0.00 INMC 94-R 3 1,395,172.90 0 0.00 0.00 INMC 94-V 0 0.00 0 0.00 0.00 INMC 94-X 1 138,366.69 0 0.00 0.00 INMC 95-C 3 334,391.92 0 0.00 0.00 INMC 95-T(2) 0 0.00 0 0.00 14.99 - ------------------------------------------------------------------------------------------------------------------------------------ Total 45 5,982,002.23 17 3,373,483.55 210,953.32 - ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------ LOANS OUTSTANDING DELINQUENT 30-59 DAYS SERIES BALANCE NO. BALANCE - ------------------------------------------------------------------------------------------------------ GRCAP 94-HM4 5,286,320.57 0 0.00 INMC 95-E 11,573,035.48 4 580,442.51 PMLT 99-A 25,721,121.04 36 2,980,566.23 RTC 95-2(1) 18,457,187.10 9 515,839.90 - ------------------------------------------------------------------------------------------------------ Total 61,037,644.19 49 4,076,848.64 - ------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------ Total All 356,889,455.35 138 12,834,843.36 - ------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------------- DELINQUENT 60-89 DAYS DELINQUENT 90+ DAYS SERIES NO. BALANCE NO. BALANCE - --------------------------------------------------------------------------------------------------------------- GRCAP 94-HM4 0 0.00 0 0.00 INMC 95-E 2 468,684.98 0 0.00 PMLT 99-A 12 695,942.37 5 348,097.44 RTC 95-2(1) 1 112,148.96 4 332,468.75 - --------------------------------------------------------------------------------------------------------------- Total 15 1,276,776.31 9 680,566.19 - --------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------- Total All 37 3,426,661.18 41 5,148,797.40 - ---------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------ FORECLOSURE REO REALIZED LOSSES SERIES NO. BALANCE NO. BALANCE CURR. AMOUNT - ------------------------------------------------------------------------------------------------------------------------------------ GRCAP 94-HM4 1 44,499.62 0 0.00 0.00 INMC 95-E 6 774,974.07 0 0.00 0.00 PMLT 99-A 18 1,218,754.80 6 231,965.54 0.00 RTC 95-2(1) 1 32,103.06 0 0.00 0.00 - ------------------------------------------------------------------------------------------------------------------------------------ Total 26 2,070,331.55 6 231,965.54 0.00 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ Total All 71 8,052,333.78 23 3,605,449.09 210,953.32 - ------------------------------------------------------------------------------------------------------------------------------------
(1) Information shown for the Underlying Mortgage Loans for this Pooled Security is based on the Underlying Mortgage Loan group related to such Pooled Security only. (2) Information shown for the Underlying Mortgage Loans for this Pooled Security is based on all the Underlying Mortgage Loan groups in the related series. CERTIFICATE ACCOUNT INFORMATION
- ------------------------------------------------------------------------------------------------------------------------------------ WITHDRAWALS GROUP BEGINNING BALANCE FUNDS DEPOSITED TRUSTEE FEE MANAGEMENT FEE - ------------------------------------------------------------------------------------------------------------------------------------ I 0.00 1,127,446.75 848.24 0.00 II 0.00 637,953.14 284.30 0.00 - ------------------------------------------------------------------------------------------------------------------------------------ Total 0.00 1,765,399.89 1,132.54 0.00 - ------------------------------------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------- GROUP AVAILABLE FUNDS FUNDS DISTRIBUTED ENDING BALANCE - -------------------------------------------------------------------------------------------------------- I 1,126,598.51 1,082,479.51 44,119.00 II 637,668.84 622,545.33 15,123.50 - -------------------------------------------------------------------------------------------------------- Total 1,764,267.35 1,705,024.85 59,242.51 - --------------------------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------------------------------------------- ADDITIONAL REPORTING ITEMS POOL I POOL II TOTAL - ---------------------------------------------------------------------------------------------------------------------------- 2.15(a) Available Interest 92,384.25 32,784.69 125,168.94 - ---------------------------------------------------------------------------------------------------------------------------- Available Principal 1,035,062.51 605,168.45 1,640,230.96 - ---------------------------------------------------------------------------------------------------------------------------- 2.15(b) Monthly Interest Amt. see p. 1 - ---------------------------------------------------------------------------------------------------------------------------- 2.15(c) Carryforward Interest 0.00 0.00 0.00 - ---------------------------------------------------------------------------------------------------------------------------- 2.15(d) Principal Paid see p. 1 - ---------------------------------------------------------------------------------------------------------------------------- 2.15(e) Class Print Amts. see p. 1 - ---------------------------------------------------------------------------------------------------------------------------- 2.15(f) Beginning Actual OC 1.9290% 1.4171% - ---------------------------------------------------------------------------------------------------------------------------- Ending Actual OC 1.9897% 1.4968% - ---------------------------------------------------------------------------------------------------------------------------- 2.15(g) 2nd preceding pool bal 320,075,786.69 66,113,086.88 386,188,873.57 - ---------------------------------------------------------------------------------------------------------------------------- 2.15(h) Required OC 2.7000% 2.000% - ---------------------------------------------------------------------------------------------------------------------------- 2.15(i) Has Step-up Occurred? No No - ---------------------------------------------------------------------------------------------------------------------------- 2.15(k) Monies Deposited to Reserve Fund 0.00 0.00 0.00 - ---------------------------------------------------------------------------------------------------------------------------- 2.15(l) Amts. Dist. to Investor Certificateholders 44,119.00 15,123.50 59,242.51 - ----------------------------------------------------------------------------------------------------------------------------
Note: Management Fee is to be paid on an annual basis. This month's Fee together with last month's annualized amount equals the full annual Fee.